Justin Low Monday, 03/07/2023 | 05:32 GMT-0 03/07/2023 | 05:32 GMT-0 There is just one to take note of for today, as highlighted in bold.That being for EUR/USD at the 1.0900 mark. However, the level doesn’t really hold much technical significance so it may not factor in too much into the equation when you look
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The major currency pair remains under pressure around 1.1120 on Monday.Investors are feeling the tension, as the most eventful week of this month has begun. Both the US Federal Reserve and the European Central Bank will hold meetings, and decisions on interest rates are expected on Wednesday and Thursday, respectively.The Fed is anticipated to raise
The major currency pair is hovering near 1.1230 this Monday.Last week, EURUSD hit new highs, pushed forward by the expectations of future steps that the US Federal Reserve might make. At the moment, all market concerns have to do with the Fed’s interest rate. Investors expect the Federal Reserve to raise the rate just one
The market’s most traded currency pair began July with a consolidation around 1.0900. On Friday is hovering near 1.0890. Investors continue to monitor the situation around the interest rates of global central banks, mainly the and the . The Fed is already expected to raise interest rates by 25 points in July as part
EUR strengthens as market’s most traded currency pair begins the week at 1.0940. The euro (EUR) demonstrates strength as the market’s most traded currency pair, commencing the week around 1.0940 against the US dollar (USD). The diminished enthusiasm for the US dollar can be attributed to the anticipation of a soft “downturn” in global economies and the
The market’s most traded currency pair climbed to 1.0800 on Tuesday.The market has a risk appetite at the beginning of a crucial week, with the meetings of the Federal Reserve System and the European Central Bank in the foreground.The Fed will make its interest rate decision by Wednesday night. The rate will most likely remain
By MaiMarFX (Marios Krausse)CurrenciesMar 16, 2023 07:27 Yesterday we saw how the market reacts when panic sets in. Panic about a new banking crisis, panic about deposits at Europe’s largest banks. After the collapse of Silicon Valley and Signature Bank in the USA, Credit Suisse (SIX:) is also in a fragile position. Investors fear a